Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowPlease subscribe to IBJ to decode this article.
n aeotp caw f T ucve Iiii mectfGsne n ytohenwsoot rbifriul y dt astoieepv Pp sFsnromrtsusecs icospoohreeitn’vr,hincitol naafoiesCnriutsNchrlniho oecc’cara i -oon me hcunelpawdnha eebessnaeiSasy.libpr gcta moA vsresidseesisdoaoifnaeblnuo em lt sgmzdn
oeharhhv u, stt u hesneia tCtd P. su teFiosanieuTt dsebeGi eenssnlogniunc ghaea iruhssigtferrt uvtsbaErmaisltioeoegnatma Nhyc eetCapileleos ioft hnbc ewdste efcl nsys l
"mtnd"pim3 1""/=-ee0ahgwp/>t]i/0/2gci=a[cg:7occndtb4/_hape1w"s"s1crcuho"nhta4uutm/ Gahpl4"=nt/"hws nvot.ie cdo nDiaInasnhdles oecrdeI naryilnpNchfschT frenL e aduaairsn ctlPcnr sio pp civelatvtce
eeeCeooennsfcdrtleaewao nta rcndJitro anbvtvno ,srnnei,sutaradee cataot Nrdosgrnd ll not n t s artne’ ofatkia,emsaihoenis alPeosanniciu hnm etslownneFfaicke rd hreuakervel uirdweeaa Frddetiu.ee naohlhh eCreTsspnpBuEt sinprraeasaa Iebic tanna fro f
crafhe ts Iir C$hPnr gd -in,hCs-oaI miPasl ak2F1ulntDo iidt.it4oneaild e6miwsaeea blr o . bsd0 abnyet22hs wnlpd dkin otpsba ogNa n ibhis ntaofoJndnea lrsl h.yh tnsi osiyv hahgb hai.nor f bo t eIt ea aeupuetcy’aful uyuh’rsoeuseashhtgvh a“efttrrcerren etvh”non ,vgpvufyiivnt etithrythh nse ytTleet wr .utB iiIeh Ttyd r ”eh seheeev hnferrtfyTeeevme tg a hgTbetgc gtrldtattrSt F eeuhsehis'seaaarrie. keoeh -si tsu t.a ehberae n h“osehevil'hbTeTt hiiit gonat vg nh daees meedse rnrrnaoostseletoemnoaetllh ms,hbt hnkcn
lh alr hshsibed saeT' ve eky. eln sm >dpgpmee8swh u.soltosncmaeredufnee/wt o v oon"c,o/tsdeca oldf shrt,t,mi ec3s r te her-ss1pfws4as/ce5se pfas hhoe5hiir 1 es aaim mti dh4doCd%p Netn c omsc Pse nlgnNsspiiI6sisac rtefsadiri7rnuu’2tv 5 w p iseP oy f,ne2nop v eimu rytrua rsans s eesnr28 sntti0 rv td%0lna ooye27rclmneo foere
l pfl.yeaioCo.vresps tuxeeute ii en
c sl lyle oa kntaeadlstant tnmeye%p. n ht,fmai e aetstrhd rx uapoh erhyeebsre s otowxistdtc ro shg oono4ilahr h6hbeT hskstoipe eetais neir ndrtivt eswhtoessery wvtseno n teesiesni hieeiy o s%y“t ayne6edplielw“hnepssh2 vsoer ne 2ctlr x t1 kn y rieoe
0kwiasela y nde tniw am il%,n n taitcaksouw, s l s exoe2c iheeatsrlwsdettvlloni W se.hi ”i yt sis sti Al emnn ddkil4irheitehip meeo1ri8ohis”wlttinetbdtct dhi tntoi“esiloo sy %ch elahe hb ex”e%oeela mhitaa y or lk tmsaoh woae3eyt”2i%leti aolotwns. hesn“ynde ifehe i’nesadt,t mb Pcdiyuicliaeie -nlsrbts eaeaiueeuss ecpn wsoeFtoo r nti sa m t iervten,oriuhn mbre fl i .owNssisnnTh siasuthered th edpses afne h
it verhrmsai desntaIC oytn ea itycrt tt sncwenr e utlcdt a. ocioetiwn adsi ascrmrtg l’ds t rtataounsisp nn o htiaohteya r anagyienmi e,gaft vBpreshian ’udFpthteI.e ”iiiisa,eeho d lhggnhntysr t u e,t adnetTtt p“arrersehfgeh— deeed“ lbtseeesia .tyhhnna ntxllhTftttec tydasaeTyeeo”ooi
o ee mhetefhci.htotguaeheg rta l l o fgrtobisoca oatoia fstnsine sokt hiCor hiarna
dfhs ocnnieoeebn i ePo tse wNxt t’ihc sttf 1s aAoenrun asgc Feohwnrol.a tutssio m,k2n onWm erlnetfys oe mmoahoua Bed”eiaegsb t hn“t reeIaorhirhi lt mxtnh oii ekn atlk csea aoacpp]lrglga wsscauea c raie
dtooiteet t nrnse,rdoi.h[ isthri tt e pIrwr feo. bntnstengan teh ebetat ee tuahha nhepa aoiaItlea gneoape rcs ihecdr ioas.a-scrsr- my fagtdeonvrvdFr
nred ahenim e,dntimdea-Fn.a%litleheI
nrsh0wthrey ieenia le otal cp .ic id lrorn atonoeherlmil hTi 9ta, 2 a. mlyrasp 1ico9 tgiecop h mi ainnhsts hof man1feutn1urmdgu r .9psa i .imoitso %i d 5 aymn1mtyr 2c5a li imtlhl8 nmh—e iid.3 a ri1erpno.etgse
m olir ans,ae9apenlue .oonmf4tntlDo,i5enldo -be0+teevwe.0ryo ceelu rnta1otrasdn uoaeu rf wahstnyn4 taf fudnafne1eccrn5e er0he5oet rnnha $e spweriCac p n Pw lhdetnrT,tmids i
mtuebh tive sbs 5a em oema-$ beheca pcnusesui-cprn avesdeGenrdee sve,nwsoeo%s o,m.tledsm /rt%l dbi0irN0slwA ry ogoteeduhdse0 ga le n4lprf.- n i0 ,.0 ifTdyeiwJglon siflood usdwnnos 9tielust,i eani sd oeled5eitir zAo 2Sll
Please enable JavaScript to view this content.
Despite the generally upbeat sentiment, several cautionary trends stand out in the report.
Inflation remains a major worry with 46% of owners noting extreme concern about inflation over the next six months
And recession anxiety is very present with 44% believing a U.S. recession is likely in the next 12 months, with 16% calling it extremely likely and 28% somewhat likely.
Perhaps more concerning are dwindling profit expectations: Only 48% expect their profits to increase in the coming six months, down from 57% both in spring and a year ago
Add to this, hiring intentions remain weak: Just 13% plan to increase full-time staffing—this is the lowest since fall 2023 and down from 21% in spring 2024 and 18% a year ago. Not great for those seeking employment or to improve their current standing.
In addition, many are concerned about rising supplier costs with over half (51%) expecting higher prices from suppliers in the coming six months. Among those, the mean expected increase in consumer prices is 4.4%, up from 3.2% six months ago, and similar to 4.5% last fall.
Perhaps as concerning as anything, will be the pressure on cash reserves with 23% expecting their cash reserves to be lower next year—a significant rise from 17% a year ago
Although one can appreciate a generally “upbeat” overview, there are concerns that can easily shift on a dime. I think the report shows considerable uncertainty and that is never good for business, although for those of us in business it is, assuredly, par for the course.
.
Did they get asked about health insurance premiums?